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cnbc.com
Lockheed Martin to buy naval defense firm Ultra Maritime for $3.45 billion
Ultra is owned by private equity firm Advent International, and specialises in anti-submarine technology.
cnbc.com
Versant agrees to buy golf simulator company Full Swing for $530 million
The deal for Full Swing will expand Versant's nontraditional media assets in an effort to diversify revenue from cable television.
theguardian.com
Sky owner strikes £1.6bn ITV deal; easyJet shares hit four-year high after it agrees £5.5bn takeover ‘in principle’ - business live
Rolling coverage of the latest economic and financial newsEngland’s victory against Mexico in the World Cup last night was a win for the UK’s high streets too – footfall was up 143.6% year-on-year between midnight and 6am, according to figures from the monitoring company MRI Software (although it worth noting that there was no World Cup match at that time last year).Footfall in market towns was up 175.5%, and in historic towns it was up 159.9%, it found. Jenni Matthews, a retail analyst at MRI, said:For the hospitality sector, this is exactly the kind of result they’ll have been hoping for. At a time when consumers remain selective about where they spend, the World Cup is proving to be a powerful footfall driver, creating a welcome boost for the night-time, and local economy.As England prepares for its next game, we expect these uplifts to gather momentum, especially as they enter the quarter finals. For retailers and operators, the game plan is clear: align staffing, promotions and trading hours with key matches to make the most of the increased footfall, longer dwell times and celebratory spending that major sporting moments can bring.The money and credit data continue to support the picture that consumers are willing to reduce their saving rate to smooth consumption. Replacement demand for vehicles also likely remains strong too. So, we think that car registrations will continue to rise slowly over the coming year.Demand for electric and plug-in hybrid vehicles continues to support overall registration numbers. Battery-powered electric vehicle registrations rose by 35% year-over-year in June, up from a 34.2% gain in May, while hybrid vehicle registrations rose by 25.3%, after posting a 23.9% gain in May. Continue reading...
theguardian.com
Wegovy weight-loss pill goes on sale on UK high street and online pharmacies
Thousands of people begin receiving their first deliveries of once-a-day medication made by Novo NordiskBusiness live – latest updatesA once-a-day Wegovy weight-loss pill has gone on sale at high street and online pharmacies in the UK, but is not yet available on the NHS.Thousands of people began receiving their first deliveries of the pill, made by the Danish drugmaker Novo Nordisk, on Monday. It contains the same active GLP-1 ingredient as the Wegovy jab, semaglutide, and is similarly effective, according to studies. Continue reading...
bbc.co.uk
ITV hits such as I'm a Celebrity to stay free to watch after Sky takeover
Sky boss Dana Strong's comments came as the channel announces it is buying ITV's media and entertainment divisions in a £1.6bn deal.
theguardian.com
‘Smart operator’: how BT’s first female CEO helped turn company around
The firm’s share price has risen 80% under Allison Kirkby’s leadership – but pressure remains for her to deliver further growthBusiness live – latest updatesIf timing is everything, then Allison Kirkby may have judged it perfectly.Since becoming BT’s first female chief executive more than two years ago the company’s share price has climbed 80%, an investor-pleasing turnaround that has seen Kirkby well-rewarded with a pay and bonus package of £5.6m last year, the largest for a boss of the telecoms company in well over a decade. However, there are questions over how much credit Kirkby can take for the apparent revival of the business. Continue reading...
theguardian.com
Boost City regulator’s powers to help protect UK consumers from AI, says watchdog
FCA’s review into how tech will reshape financial services warns about amplified risks of cyber-crime and fraudBusiness live – latest updatesMinisters have been urged to toughen the City regulator’s powers to protect consumers against the potential risks of AI, according to a landmark review.The Mills review by the Financial Conduct Authority (FCA), which looked at how AI will reshape financial services from 2030 onward, found that companies are already starting to shift from human-led activities towards AI-enabled services for everyday consumers. Continue reading...
bbc.co.uk
Wegovy weight loss pill now available in UK - here's what you need to know
The once-a-day pill, from the makers of the Wegovy weight-loss jab, can now be bought privately in UK pharmacies.
cnbc.com
Trump's calls, Ukraine's strikes and Russia's barrage on Kyiv put markets on alert
Trump reportedly spoke with Putin and Zelenskyy as Ukraine struck Russian targets and Moscow launched another deadly attack on Kyiv.
cnbc.com
Belgium set to appeal as FIFA reverses Balogun's World Cup suspension after Trump reportedly intervenes
Folarin Balogun was surprisingly cleared by FIFA to play for the United States Men's National Team in the World Cup against Belgium on Monday.
bbc.co.uk
Shoppers hit by hidden fees
Shoppers hit by hidden fees
cnbc.com
EasyJet shares soar 10% as budget airline agrees to $7.3 billion Castlelake takeover
EasyJet shares surged in early dealmaking Monday after it agreed in principle to takeover bid from Castlelake.
cnbc.com
Apple veteran's Chinese smart-glasses firm becomes unicorn as Tencent, Meituan fund rival to Meta
The Shenzhen-based startup joined a slew of global peers to build advanced gadgets and electronics that bring the benefits of AI to individual users.
bbc.co.uk
EasyJet agrees 'in principle' to £5.2bn takeover deal
The low-cost airline had previously rejected four takeover offers from US investment firm Castlelake.
theguardian.com
EV charger rollout in UK slows amid political uncertainty and rise in installation costs
Growth in charge points falls markedly despite surge in number of rapid-charging unitsBusiness live – latest updatesThe UK’s rollout of electric vehicle chargers has slowed amid challenging cost pressures and uncertainty over government sales targets.Charger companies installed 5,100 public charge points in the first half of 2026, pushing the total to 121,171, according to Zapmap, a data company. That was a 10% increase on the same point a year before – well below growth rates above 40% in 2024. Continue reading...
cnbc.com
South Korean prosecutors indict four major refiners over allegations of oil price collusion
South Korean prosecutors on Monday indicted four major domestic oil refiners for violating fair trade laws.
theguardian.com
Big brewers ‘misleading drinkers’ over craft beer credentials, says Camra
Campaign group calls on watchdog to investigate sector amid claims of anti-competitive practices elbowing out independentsBusiness live – latest updatesBig brewers are misleading drinkers about their products’ “craft” credentials and geographical origin, the ale enthusiasts’ club Camra has claimed, as it called on the consumer watchdog to investigate the beer market.Camra asked the Competition & Markets Authority (CMA) to launch a review of whether small breweries are being unfairly elbowed off the bar by larger rivals’ anti-competitive tactics. Continue reading...
theguardian.com
‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentre
Suspicions grow in Lanarkshire that local people have been misled on supposed benefits of the huge developmentRevealed: landmark Scottish AI project has no prospect of meeting renewables promiseWhat are Britain’s AI growth zones and are the plans feasible or ‘complete bunk’?The promise was that a Scottish community would be transformed by massive investment and empowered to chase “the jobs of the future”. Instead, local people in Lanarkshire fear they may have to sell their properties and lose green belt land because of the errors of a badly planned AI datacentre complex, even as those jobs and investments never arrive.Late last year, representatives of Oakes Energy Services began to knock on doors in Newarthill, a village east of Glasgow. In letters reviewed by the Guardian, they invited residents to individual meetings. They told them about plans for a solar farm, say local people, and made offers: free solar panels, tree planting, or even cash for their properties. Continue reading...
theguardian.com
Revealed: landmark Scottish AI project has no prospect of meeting renewables promise
Exclusive: Government and developers privately acknowledged Lanarkshire datacentre site had power provision ‘issue’‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentreWhat are Britain’s AI growth zones and are the plans feasible or ‘complete bunk’?A landmark AI development billed as delivering jobs and prosperity has misrepresented its plans to channel a nuclear reactor’s worth of power to a site in rural Scotland, a Guardian investigation has found.When it was announced in January, the government promised that an £8.2bn AI datacentre complex in Lanarkshire – built by the US firm CoreWeave and the Scottish company DataVita – would be powered entirely from on-site renewables and built by 2030. Continue reading...
cnbc.com
Why Iran may find it difficult to clear its oil inventories even after sanctions relief
Iran may face challenges in clearing oil inventories even after restrictions have been lifted, amid oil supplies elsewhere while China becomes less enthusiastic
bbc.co.uk
What Sky buying ITV could mean for your favourite shows
Sky is set to buy ITV's TV and streaming channels for up to £1.6bn, the companies announced on Monday.
theguardian.com
Half of affordable new homes in rural England could be at risk if planning rules relaxed, analysis shows
Exclusive: National Housing Federation says ending quotas for developers could cost 32,000 homes over 10 yearsHalf of all affordable housing supply in rural England could be under threat under plans being considered by ministers to relax regulations for private housing developers, according to analysis.The government has proposed ending affordable housing quotas – known as section 106 agreements – for new developments of between 10 and 49 houses in an effort to jumpstart sluggish housebuilding rates. Ministers are due to make a final decision within weeks on whether developers should be allowed to make cash payments to local authorities instead. Continue reading...
theguardian.com
A Place in the Sun review – subversive exposé of picture-postcard luxury in the Canary Islands
Documentary intersperses pastel scenes of spotless tourist resorts with candid interviews with the asylum seekers who labour to keep them pristineEvery year, millions of tourists flock to the Canary Islands, a Spanish archipelago in the Atlantic Ocean where the sun always shines. Through static shots resembling picture postcards, Mette Carla Albrechtsen’s pastel-hued documentary captures the leisure activities on offer: cerulean rooftop pools, pristine sandy beaches and raves that stretch into dawn. But as the resort asks its visitors to put their minds on hold, the film casts a critical gaze on the human labour that powers this luxury paradise. Interspersed with restful scenes of relaxation are candid interviews with on-site workers, whose stories reveal the trials and tribunals behind the glossy travel brochures.Some simply come to the Canary Islands looking for an escape from routine. One long-time Danish resident laments the gloomy weather of his home country, but he finds it difficult to develop lasting relationships in the archipelago, a transitional space where few of his migrant friends set permanent roots. Others flee from more desperate circumstances – economic hardship and war. In one staggering juxtaposition, the film cuts from a popular nightclub to a sombre dock where social workers tend to a group of migrants rescued from dangerous sea journeys. Promised a safe passage to Spain by their traffickers, tens of thousands of asylum seekers are now left in a stateless limbo, all while contributing their labour to the various luxury resorts. Continue reading...
theguardian.com
John Lewis dishwasher leak forced buyers into hotels for eight months
My elderly parents’ home was left uninhabitable, and they are owed £3,300 for repairs they had to fund themselvesMy elderly parents spent much of last year dealing with what should have been a straightforward insurance claim after a dishwasher installation by John Lewis caused a leak. Instead, it became a year-long ordeal, marked by repeated failures and an almost total absence of accountability. Continue reading...
cnbc.com
CNBC Daily Open: Trump sees red, prediction markets score and NATO's defensive
The World Cup takes an extraordinary turn after President Trump's reported red card intervention.
cnbc.com
Meta’s woes deepen in India as child abuse ads on Instagram draw government ire
U.S. social media giant Meta is facing an onslaught of regulatory scrutiny in India, which has the largest user base for Facebook, Instagram and WhatsApp.
bbc.co.uk
Fuel providers hopeful of more price reductions
Rubis and ATF Fuels both say they expect to see prices fall further in time.
cnbc.com
'NATO 3.0': Defense spending pledges face the Trump test
Leaders are expected to focus on whether Europe can turn higher defense spending into military power as Washington pushes allies to shoulder more of the burden.
cnbc.com
Ebola outbreak containment hampered by USAID closure, experts say
Foreign aid cuts have "demonstrably worsened" the Ebola crisis, a virologist told CNBC.
cnbc.com
Nvidia's next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says
The reported delay adds to concerns that Nvidia's breakneck annual release cadence is colliding with manufacturing limits.
bbc.co.uk
Backlash after China bubble tea firm ordered to pay Louis Vuitton $1.5m
A court in China ruled that Molly Tea had infringed on the luxury brand's four-petal flower design.
cnbc.com
CNBC Daily Open: Red cards, record bets and market's risk-on mood
Drama is not only on the pitch — it is showing up across prediction markets, oil and Wall Street's risk appetite.
bbc.co.uk
Three things you can do to stop EU border checks at the airport costing you
Queues are expected at airports this summer owing to EU's new digital border control system.
theguardian.com
Making public transport fully accessible ‘could boost UK economy by £176bn’
Report says current network of buses, trains and stations effectively locks 2.8m people out of workforceBusiness live – latest updatesInvesting in the UK transport network to make it fully accessible to disabled passengers could boost the economy by £176bn by helping millions more people into work, according to a report.Making the economic case for an inclusive transport network, the Institution of Mechanical Engineers (IMechE) said the current system was inaccessible to almost a quarter of the working-age population. Continue reading...
theguardian.com
Mobile internet coverage in UK worse than any EU or G7 country, Which? says
Analysis finds services cheaper but country ranks 57th in network performance and 70th for download speedsBusiness live – latest updatesBritish holidaymakers watching online videos while they sit on a European beach this summer are likely to be pleasantly surprised: the signal should be better than at home.Mobile coverage in the UK is worse than in any of the 27 EU member countries, and every other member of the G7 group of large economies, according to analysis by consumer group Which? of data from Opensignal. Continue reading...
theguardian.com
The Guardian view on private equity in the public sector: children’s services must be freed from debt-fuelled takeovers | Editorial
New analysis by the Guardian has revealed the disturbing extent of these firms’ influence in highly sensitive areasChildren’s homes and care placements are not ordinary commodities. Yet Britain has allowed some of its most sensitive public services to become assets in private equity portfolios: bought, loaded with debt, restructured and sold, while the state continues to fund the contracts and vulnerable people carry the risk when things go wrong.Private equity’s role in public services is not notional. The year after Compass Community was sold by its owner, Graphite Capital, to another private equity group, Cap10, the poor state of some of its children’s homes was made plain by Ofsted reports. Inspectors who visited two homes in England – which had previously been rated good and outstanding – found “high levels of distress” and staff as well as children feeling unsafe. Cap10 denies that standards fell following the change of ownership. Continue reading...
theguardian.com
Delivery firm Evri sues BBC for £1.2m over Panorama documentary
Company seeks redress for contracts it says it has lost as a result of programme’s claims about its business practicesThe parcel delivery company Evri is suing the BBC for £1.2m over a documentary it claims caused it serious financial loss.Evri has filed particulars of claim at the high court which state that it lost prospective clients after the broadcast of the Panorama documentary Evri: Where’s my parcel? Continue reading...
bbc.co.uk
'Start work at 11' - but will other bosses be as flexible over England's 1am match?
Employers are being urged to use their "common sense" to allow staff to work flexibly where they can.
cnbc.com
Cargo vessel in Red Sea reports coming under attack, UK maritime body says
The incident was reported in one of the world's most crucial trade transit routes amid a fragile ceasefire between Iran and the U.S.
theguardian.com
‘New direction, same old problems’: the economic challenges facing Andy Burnham | Richard Partington
Blair met good fortune when he assumed office, others such as Wilson faced tougher times. The PM-presumptive will start firmly on the back footMake Miliband chancellor, ex-chief Treasury adviser tells BurnhamJohn Harris: Without a good revival plan, Burnham cannot succeedIn politics, timing and luck matter. Tony Blair had astounding good fortune, benefiting from goldilocks economic conditions and a weak opposition. Others have taken charge in tougher times: in the 1970s Harold Wilson faced a global energy crisis, as have the last four occupants of No 10.As Andy Burnham prepares to replace Keir Starmer, there are clear economic headwinds for the prime minister-presumptive. Continue reading...
theguardian.com
‘Did Westminster just ignore buses?’ Burnham aims to shake up UK transport
In the fourth of a series on nationalisation, we look at plans to emulate Manchester’s Bee Network in Britain’s buses and railWill Burnham ‘go big’ in expanding the role of the state?Atlee: the postwar blueprint that inspires BurnhamHow council housebuilding is central to Burnham’s visionWhether or not the promised land is reached via renationalisation, the man set to be next prime minister is clear what he wants transport to leave behind.“You go from deregulation to regaining public control, it’s just unbelievable what becomes possible,” said Andy Burnham, reflecting on the bus system he transformed in Manchester. “It’s mind-blowing that deregulation was ever, ever brought in – public interest went out the window and people were cut off.” Continue reading...
theguardian.com
I’ve seen what the death of major industry did to Britain. Without a good revival plan, Burnham cannot succeed | John Harris
Collieries turned into retail parks, manufacturing in the doldrums. The problem is vast, but at least the PM-in-waiting sees it: and in that there is hopeIn the autumn of 2005, Tony Blair gave one of his most unhinged and fascinating speeches as prime minister. “I hear people say we have to stop and debate globalisation,” he said. “You might as well debate whether autumn should follow summer.” He went on: “The character of this changing world is indifferent to tradition. Unforgiving of frailty … It has no custom and practice. It is replete with opportunities, but they only go to those swift to adapt, slow to complain, open, willing and able to change.”In the hall, his characteristically messianic delivery ensured this argument landed, but anyone listening from one of the UK’s deindustrialised areas must have received it as yet another punch in the face. For decades, change and adaptation were what they had been living through and reeling from – but where were the rewards? Where, indeed, was any real sign of even the beginnings of the 21st-century prosperity Blair seemed to be offering?John Harris is a Guardian columnist Continue reading...
theguardian.com
A footballing deepfake: how Bruno Fernandes fell victim to an unlicensed betting operator
Illegal online casinos are producing fake BBC stories and AI-generated videos in an attempt to deceive customersRespect of copyright law has never ranked highly in the list of priorities for unlicensed sports betting operators. Crests of famous clubs and photographs of star players are routinely used to promote brands that could not care less about image rights and trademarks, because these operators know any kind of enforcement is impossible.Illegal gambling platforms operate almost exclusively from offshore jurisdictions where the anonymity of their ultimate beneficial owners is protected by local regulations and, to further darken the picture, the use of multiple shell companies that exist only as entries on a registry hidden from public view. Continue reading...
theguardian.com
Not cool: the air conditioning scams offering fake deals in the heatwave
By using websites copied from stores such as Aldi, fraudsters hope hot and bothered buyers will miss the red flagsWith the UK heatwave expected to increase temperatures over the next week, you decide to invest in an air conditioning unit. But they are expensive, and stocks are running out in the shops as everyone else has had the same idea.After a quick search, you see that there are other options online, and some from names that you recognise. Continue reading...
bbc.co.uk
Clay, kilns and the cost of survival for tile makers
While some firms lean into their heritage, others are modernising in the face of economic pressures.
theguardian.com
Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham
Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economyA former chief economic adviser to the Treasury has called on Andy Burnham to appoint Ed Miliband as chancellor, arguing the energy secretary has a “bold” vision to revive the economy.Nicholas Stern, a professor at the London School of Economics who was a senior figure in the Treasury during Gordon Brown’s tenure, said only Miliband had the experience and the strategic vision to accelerate investment and rebuild public trust in the state’s ability to “get things done”. Continue reading...
cnbc.com
I’ve worked with over 5,000 kids: I swear by this No. 1 parenting rule—it’s ‘surprisingly simple’
Child development expert Siggie Cohen, who has worked with over 5,000 families, shares one communication mistake she sees parents make every day. Here's why she says it can backfire, when to set clear boundaries and how to use questions more effectively.
theguardian.com
Elon Musk posted twice as often on UK race and immigration as about SpaceX in IPO run-up
Guardian analysis of X feed shows how keen world’s richest person was to air his views and ‘interfere’ in British politics Elon Musk posted about race and immigration in the UK on his social media network X twice as often as he did about SpaceX, which he also owns, in the run-up to the aerospace and AI company’s initial public offering.A Guardian analysis of Musk’s posts, replies and reposts between 31 May and 12 June has shown the extent to which the social media activity of the world’s richest person, who lives primarily in the US, has focused on UK politics. Continue reading...
theguardian.com
What impact will Andy Burnham have on Zack Polanski and the Greens?
Voters disillusioned with Starmer’s Labour were tempted by the Greens – but Polanski’s party fears the affable, left-leaning Burnham could win them backThe shift was notable. A week after Keir Starmer said he would resign, YouGov polling showed Labour up two points and the Greens down by the same amount. Might an Andy Burnham premiership mean a rethink for Zack Polanski’s party?The short answer is it is too early to know, particularly in an era of unprecedented political volatility and the seesawing poll numbers that come with it. This year alone, a five-point Labour lead over the Greens has become a similar margin in favour of the Greens, and then a seven-point advantage for Labour. Continue reading...
theguardian.com
Tom Kean got months of paid sick leave – after voting against it for others | Arwa Mahdawi
The congressman spent four months mysteriously away from work, but he doesn’t seem to think his constituents should get mandated sick daysThe mystery of the missing congressman has finally been solved. Almost four months ago Tom Kean Jr, a Republican, vanished from public view. He missed more than 100 votes, all while continuing to collect his full taxpayer-funded salary of $174,000 along with excellent benefits. The only explanation given for his absence was a cryptic statement from his office in late April saying he was dealing with a “personal health matter”. Kean’s father, former New Jersey governor Tom Kean Sr, further told CNN in May that his son was battling a temporary illness and would be back to work soon.This week, Kean finally resurfaced and explained that he’d been absent due to inpatient treatment for depression. Why hadn’t he said anything about this earlier? Kean said he was “private person by nature”. Which is great, but maybe don’t choose a job in public service in that case.Arwa Mahdawi is a Guardian columnist Continue reading...
theguardian.com
Mayfair casino facing legal action after former waiter says he did not get fair share of tips
Former worker at Metropolitan on Park Lane in London says he had to share tips with managers and other staffA Mayfair casino is facing legal action from a former waiter who says he was not given a fair share of tips.The former worker at the Metropolitan Mayfair – part of the Metropolitan Casinos group owned by the US investment firm Silver Point Capital, which operates seven casinos in the UK and four in Egypt – has filed a complaint with the employment tribunal in London over his share of cash tips given directly to him, which he says he was forced to share with managers and other staff. Continue reading...
theguardian.com
OpenAI’s apparent failure to visit key site raises questions over UK investment
Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalIt was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major step forward in the US-UK technology partnership”.But the plans were paused in April, with an OpenAI spokesperson citing concerns over regulation and high energy costs. Continue reading...
bbc.co.uk
Money Box
Half a million people say 'no thanks' to joining a workplace pension, why?
theguardian.com
Boris Johnson wasted my levelling up idea. Here’s how Burnham and his ‘good growth’ plan can do better | Justine Greening
The need to devolve power and share prosperity is as strong as ever. Whatever the project is called, whoever is in No 10, the priority now is actual delivery Andy Burnham has set out his vision for “good growth in every postcode”. It may seem like levelling up 2.0 – and if so, that’s very good news for the country. Because, unlike his Labour and Conservative predecessors, Burnham may well have a far better sense of how to deliver it.Boris Johnson lifted the levelling up language from the Department for Education (DfE), deployed during my time there, but then downgraded what should have been a defining purpose for his government to little more than a towns fund. Keir Starmer rightly identified “breaking down barriers to opportunity” as a government mission, but in office he hiked up employers’ national insurance – literally taxing opportunity – in a way that was always going to hit early career, younger workers the most.Justine Greening was the Conservative MP for Putney from 2005 to 2019 Continue reading...
bbc.co.uk
Consumer Fight Back
Linzi checks in on 89-year-old Margaret's battle to get her landline reconnected.
cnbc.com
UK and France agree with Oman to ensure safety of its territorial waters
France said it has deployed mine countermeasures to the Middle East, including two mine-hunting ships.
cnbc.com
From Macron to Modi, governments are rolling out the red carpet for AI giants
Macron and Modi are courting tech CEOs as France and India seek AI data center investment and cloud infrastructure.
theguardian.com
Why can’t Britain turn its green revolution into cheap energy? A visual analysis
Labour has approved a wave of renewable energy projects, but turning plans into power remains slow. Why is that?Labour has a race on its hands if it is to lock in its promise to achieve a virtually zero-carbon electricity system by 2030.Britain’s next prime minister will have to move fast: the climate emergency is raging, high energy bills are driving up the cost of living and the reactionary right is threatening a fossil fuel push if it wins power. Continue reading...
theguardian.com
Brexit rule change means British teens in EU face soaring student fees for UK degrees
‘Home fee’ qualification ends in 2028, leaving those hoping to study in UK not now eligible for British loansBritish teenagers living in the EU could be priced out of UK universities in two years’ time as a Brexit rule change means they face the double whammy of paying costlier international fees, while losing access to student finance.British passport holders living in the EU still qualify for “home fee” status at UK universities. But this will no longer be the case when the grace period ends in 2028, meaning the first wave to be affected are starting their A-levels, or equivalent, this autumn. Continue reading...
cnbc.com
Iran begins six-day funeral for Ayatollah Khamenei nearly four months after his death
Iran plans a six-day funeral for Ayatollah Ali Khamenei, with ceremonies across Iran and Iraq before burial in Mashhad.
theguardian.com
Fight them for the beaches: the real villain of Europe’s overtourism is big business | Adam Almeida
From Albania to Portugal, privatisation of the coastline is bringing locals out on to the streets. For them, the economic benefits are few and far betweenFew scenes better capture the essence of a European summer than the terminals of our airports in the early hours of the morning. Britons necking pints like a football match is on, German couples eagerly murmuring about their cycling tour across Croatia, and passengers sleeping peacefully on corridor floors. This holiday season, millions will embark on an annual pilgrimage to the hotspots of Mallorca, Corfu and Albufeira to enjoy a much-anticipated break in the sun.But it’s increasingly likely that they will face some kind of hostility there. In Barcelona, demonstrators might spray them with water pistols or tape off the entrance to their hotel. In Tenerife, visitors might see “tourists go home” graffiti on the side of the road as they drive their rental car down to the beach.Adam Almeida is a writer and researcher living in London Continue reading...
bbc.co.uk
What could new rights for unmarried couples mean for your money?
Co-habiting couples in England and Wales could be given more protections if they break up under new government proposals.
bbc.co.uk
Security staff strikes averted at Aberdeen Airport
The strikes, involving baggage screening staff, were due begin on Monday with the Unite union warning of "significant delays".
cnbc.com
First known congressional SpaceX stock buys surface after record IPO
The SpaceX stock purchases come as Elon Musk’s company deepens its role in federal contracting and remains closely tied to President Donald Trump’s Washington.
theguardian.com
The Guardian view on Labour’s next chancellor: send for Ed Miliband | Editorial
Andy Burnham needs the Treasury to serve devolution, raise living standards and renew the economy. The energy secretary meets that testThere are few things on which this column would agree with George Osborne. Voting to remain in the European Union was one. Backing Labour’s Ed Miliband to be the next chancellor is another.Mr Osborne, whose austerity programme redistributed pain downwards while protecting privilege at the top, had only a week ago on his podcast, Political Currency, dismissed Mr Miliband as too difficult a sell to business and the press. He now recognises what should have been obvious: if Andy Burnham is serious about governing differently, he needs a chancellor with the authority, knowledge and political relationship with the prime minister to bend the Treasury to the project.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
bbc.co.uk
How to avoid fees when spending abroad
Martin is revealing everything you need to know right now to cut the cost of getting away.
theguardian.com
London has lost ‘catastrophic’ 89% of car club vehicles since Zipcar exit
Only 330 car club vehicles available for rent after big provider left British market, data revealsThe number of car club vehicles in London has fallen by a “catastrophic” 89% since Zipcar ended its service in late 2025, with former users being pushed to consider buying or leasing.Car clubs allow drivers to use vehicles parked around a city, using apps to book and unlock them. Zipcar dominated London’s car club market before the US company’s shock decision to pull out in December 2025. That left a gap that has yet to be filled for Londoners without a car. Continue reading...
bbc.co.uk
Instagram running ads promoting child sexual abuse material in India, BBC finds
The ads use terms including “rape” and “child video” and link to content on the messaging app Telegram.
theguardian.com
A council housebuilding boom is central to Burnham’s vision. Can it be done?
In the third of a series on nationalisation, we look at the huge challenge as 1.5m families wait for social housing‘Commanding heights of the economy’: the postwar blueprint that inspires BurnhamWill Andy Burnham ‘go big’ in expanding the role of the state?From the front garden of the red-brick terrace where she has lived for nearly three decades, Coral McKeown, 50, points to the gleaming new council house she was supposed to move into five years ago.It sits behind heavy metal fences surrounded by building work and an empty construction vehicle. She does not expect it to be ready until next year at the earliest. Continue reading...
bbc.co.uk
SSE Airtricity bills to increase by more than £70 a year
SSE Airtricity said electricity bills will increase by 6.2% seeing the customer's bill rise by about 20p a day- that's £71.57 extra a year.
bbc.co.uk
Burnham says there is some room for movement on tax
But the likely next PM says he will stick to Labour's pledges to not raise VAT, income tax or national insurance.
bbc.co.uk
'Not a lot of Gen Z trust the state pension system'
Young people tells the BBC what they think about the state pension.
cnbc.com
Trump’s Freedom 250 draws corporate sponsors with business before his administration
Companies with federal interests — including Boeing, Lockheed Martin and Oracle — are sponsoring a Trump-aligned effort celebrating America’s 250th birthday.
bbc.co.uk
'Less than 10% sheep': How millions may have unknowingly eaten goat, skin and fat kebabs
Millions are likely to have eaten "lamb" kebabs that were actually made with goat, skin and fat.
bbc.co.uk
Excitement and concerns over credit card plans
Some islanders say changes will help but others are worried about their data being shared.
bbc.co.uk
No-gift policy for Taylor Swift, but how much should you give at a wedding?
Wedding lists are being replaced by cash requests, but guests are divided over how much to give.
cnbc.com
Christine Lagarde leaves door open to early ECB exit, as she mulls French politics
The European Central Bank's Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics.
bbc.co.uk
Tackle workplace sickness to unlock hidden growth, former John Lewis boss says
More than 250 of the UK's biggest employers have signed up to his 'Get Britain Working' taskforce.
cnbc.com
Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
cnbc.com
Safe havens aren't behaving like they used to. Here's what's changed
Traditional safe-haven assets — U.S. Treasurys, the Japanese yen and gold — have struggled to provide protection during this year’s market volatility.
theguardian.com
Homes in England with kitchens that open on to the garden – in pictures
From a home with a patio in Cheshire’s ‘Golden Triangle’ to a Lincolnshire barn that opens out to create one al fresco space Continue reading...
theguardian.com
Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?
Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’An economy rattled by a global energy shock, jittery bond markets and rising spending demands. As Andy Burnham prepares for government, the pressures on the public finances are in focus.The prospective prime minister pledged a new direction for Britain this week within two constraints: sticking to Labour’s current fiscal rules, and consistency with its 2024 manifesto. Continue reading...
cnbc.com
Rafael Nadal talks tennis prize money, his hotels, and what sports taught him about business
Rafael Nadal opened his fourth Zel hotel as he expands into hospitality, education and sports after retiring from tennis.
cnbc.com
5 takeaways from President Donald Trump's interview with CNBC
The president defended his family's business and said he feels bad that the presidency creates a conflict of interest in any of his children's investments.
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Pubs allowed to stay open until 5am on Monday for England Mexico match
The government had initially said it would not relax licensing laws further for the World Cup.
bbc.co.uk
Old British fridges 'cannot cope with the heat'
Experts say older fridges are failing in hot weather as rising temperatures put them under pressure.
bbc.co.uk
Ryanair warns of 'queue chaos' from new EU border system
The airline calls on European governments to postpone the EES system until after the summer holiday period.
bbc.co.uk
Why the expected fight over the North American trade deal never kicked off
The US has confirmed it will not extend the agreement for another 16 years, but stopped short of more dramatic action.
bbc.co.uk
World Cup boom falters as US hospitality jobs fall in June
There had been early signs of a jobs boom from the tournament, but hospitality jobs declined in June.
cnbc.com
Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners
A historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
bbc.co.uk
Car finance compensation payments delayed until next year
Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.
cnbc.com
SpaceX may emerge as ultimate blueprint for new wave of mega-cap IPOs
"It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead," the Kathmere Capital CIO says.
bbc.co.uk
Google must pay €4.1bn fine for using Android to 'block' rivals
A Google spokesperson said the judgement "fails to recognise" the firm's "significant investment to ensure Android remains open."
bbc.co.uk
Singapore seizes $42m mansion over Nvidia chip smuggling
The luxury home was seized as part of a probe into the illegal trade of servers containing AI semiconductors.
bbc.co.uk
'I spent $6,000 on a World Cup trip but was left stranded at the gate'
Hundreds of fans who bought World Cup tickets on resale site StubHub say they have had them cancelled at the last minute.
theguardian.com
Andy Burnham urged to be radical on economy to help Labour win next election
Exclusive: Poll shows policies such as rent control and higher wealth taxes could fend off Reform UK in key seatsAndy Burnham is being urged to adopt an “economic populist” approach to combating the cost of living crisis if he becomes prime minister, as a detailed opinion poll shows radical policies could help Labour to retain its majority at the next election.Senior figures advising the Makerfield MP have been circulating a seat-by-seat poll showing Labour’s majority could be demolished at the next general election with the party on course to win fewer than 100 seats. Continue reading...
bbc.co.uk
Don't expect connected car apps to save your stolen car, experts say
Kia told the BBC UK law prevented its location tracking function being used to live track vehicles.
bbc.co.uk
Diesel sees biggest monthly fall in 26 years. What's happening to fuel prices?
When the US-Israel war with Iran began, fuel costs jumped, but they are now plummeting as hope of lasting peace grows.
bbc.co.uk
Bibles, Home Alone and perfume: Six takeaways from Trump's 2025 finances
Official documents show the US president made billions of dollars as he returned to the White House.
cnbc.com
Employers who laid off workers citing AI are already starting to regret it
Companies are realizing artificial intelligence can't do everything after all, prompting them to rehire employees to grow their businesses
bbc.co.uk
Why is crucial tech vulnerable to the heat?
Energy grids and train services are among the vital services that are vulnerable to very hot weather.
cnbc.com
Japan is raising visa fees by up to 400% for the first time in nearly 50 years. Here's why
A single entry visa will climb to 15,000 yen, from the 3,000 yen charged currently, while multiple entry visas will cost 30,000 yen, up from the 6,000 yen now.
theguardian.com
The Burnham blueprint, as told by one of its architects – podcast
Andy Burnham has set out his economic plans for Britain. Neal Lawson, from the Burnham-aligned group Mainstream, explains the thinking behind itHelen Pidd has been one of Andy Burnham’s constituents for almost a decade now. She says she has seen Greater Manchester thrive on his watch. Now he wants to do for the rest of the country what he has done for her region. On Monday Burnham stood up in the People’s History Museum in Manchester and delivered his economic manifesto. Barring some 11th hour challenge or unforeseen calamity, he will have moved into No 10 by the end of July. But he says he wants to build another No 10. A Manchester one. What he is promising is radical, but just how credible is “rewiring” Britain?Neal Lawson is the founder of pressure group Compass, and more recently the Burnham-aligned Mainstream. He explains to Helen why Burnham is so keen to devolve power and what he wants to nationalise. But, he says, “I think what Burnham has done is kind of, by a sort of minor miracle, reach base camp. And now there’s the mountain to climb.” Continue reading...
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
theguardian.com
Will Andy Burnham’s economic vision make us all better off? | Politics Weekly
Andy Burnham has made his first major speech since returning to Westminster. He announced proposals for a No 10 in the North as part of plans to devolve power and spread resources across the country. He said he wanted to regenerate towns, prioritising places that had been left behind.It sounds a lot like the “levelling up” of the Boris Johnson years, so can Burnham really make a change? Continue reading...
theguardian.com
The king, his millions, and the first public royal tax bill – The Latest
King Charles has become the first monarch in modern times to reveal how much tax he pays on his private income: £24.6m over the last two years.The move comes after years of calls for the monarch to be more open with the public about the royal finances. Some are heralding this as a new era of transparency – but just how open has the revelation been?Lucy Hough speaks to our European financial affairs editor, Juliette Garside Continue reading...
theguardian.com
Brexit: An Oral History – podcast
This week marked 10 years since the UK chose to leave the EU. In a series of interviews with key players from both sides, Kiran Stacey looks back on the Brexit vote that changed the country foreverRead the Guardian’s full article on Brexit here Continue reading...
bbc.co.uk
The legal fight to get equal pay for Germany's disabled workers
A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.
bbc.co.uk
Do you know your 'sweat score'? The rise of hydration tech
Hydration tracking gadgets are flooding the market but is it too much information?
bbc.co.uk
Is Germany looking again at coal-powered electricity?
It had planned to abandon the fuel, but the higher cost of natural gas may make it think again.
bbc.co.uk
The artificial ice pyramids saving India's mountain villages
Himalayan villages are creating artificial glaciers to guarantee water for their crops in the spring.
bbc.co.uk
'We had to get out of the way': The backlash over delivery robots
As the delivery vehicles increasing take to US streets, bans and protest groups are springing up.
bbc.co.uk
What is Helium-3 and could we get it from the moon?
Helium-3 is expensive and demand is forecast to soar, so some are planning to mine it on the moon.
bbc.co.uk
Why I sold my business to my staff
As more US company owners reach retirement age many are selling up to their employees.
bbc.co.uk
India's 'blue gold' starts a new drinks industry
Agave plants grow wild in India and new distillers are using them to create a spirits industry.
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
New candy stores are popping up across NYC. Why?
While US consumer confidence is at an historic low the Big Apple's sweet shops are expanding.
bbc.co.uk
Could humanoid robots be heading for the battlefield?
Armed forces are experimenting with humanoid robots, but battlefield deployment is some way off.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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